2008 Regular Session

HOUSE BILL 698

File Code: State Pensions and Retirement Crossfiled with: SENATE BILL 374
Sponsored By:
Delegates Haynes and Valderrama
Entitled:
Employees' Retirement and Pension Systems - Purchase of Contractual Service Credit

Synopsis:

Allowing members of the Employees' Retirement System or Employees' Pension System who were employed by the State as contractual employees to purchase up to 10 years of service credit; requiring members of the Employees' Retirement System or Employees' Pension System who purchase service credit for contractual employment with the State to file documents with the Board of Trustees for the State Retirement and Pension System; providing the rate at which specified service credit shall be purchased; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
2/1
First Reading Appropriations
2/11
Hearing 2/19 at 1:00 p.m.
3/22
Unfavorable Report by Appropriations
Senate Action
No Action

Sponsored by:

Delegate Keith E. Haynes, District 44
Delegate Kriselda Valderrama, District 26

Bill indexed under the following Subjects:

Retirement Systems -see also- Mandatory Retirement
State Employees
Work, Labor and Employment -see also- Col Barg; Holiday; etc

Bill affects the following Statutes:

State Personnel and Pensions
( 22-304 , 22-304.1 , 23-307 , 23-307.6 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered